Gazprom

Gazprom In Figures

Share of global output of gas: 12%

Number of employees: More than 475,000

Gazprom is one of the largest energy companies in the world. It has over 475,000 employees and is the major player overseeing Russia’s natural gas reserves, the largest proven reserves in the world. Originally an asset of the Soviet and later Russian state, Gazprom is now a public company, with the majority shareholder being the Russian government.

A fully vertically integrated energy company, Gazprom’s major business lines are exploration, production, transportation, storage, hydrocarbon processing and marketing, heat generation and power generation.

Gazprom is primarily known for the supply of gas through its network of gas pipelines. The company has dozens of subsidiaries and major pipelines through which it delivers gas to many export markets.

Gazprom aims to ensure maximally efficient and balanced gas supply in Russia and abroad.

Gazprom News and Interviews

Israel strike on Iran’s giant South Pars gasfield shakes energy markets
NEWS
Iran - March 18, 2026

An Israeli strike on Iran’s South Pars gasfield has driven oil and gas prices higher and heightened energy security risks in…

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Hungary’s MOL to acquire majority stake in Serbia’s NIS
NEWS
Serbia - January 20, 2026

MOL Group has signed a deal to acquire a 56.15% stake in Serbia’s NIS from Gazprom Neft.

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TotalEnergies to exit South Africa gasfield
NEWS
South Africa - July 03, 2024

TotalEnergies has notified South Africa's oil and gas regulator that it plans to exit the 11B/12B offshore gasfield.

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Gazprom takes $1-billion Shell stake in Sakhalin-2 LNG
NEWS
Russia - March 26, 2024

Gazprom has acquired a 27.5% stake in the Sakhalin-2 LNG project from Shell for around USD 1 billion.

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Genadiy Shmal
Interview
Russia - September 10, 2019

Genadiy Shmal, president of the Union of Oil & Gas Producers of Russia, talks to TOGY about Russia’s capacity to continue supplying gas to Europe, as well as the…

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Angelina PERSHUKOVA
Interview
Russia - August 20, 2019

Angelina Pershukova, director of the Moscow branch of Repsol Exploración, talks to TOGY about the company’s activities and strategy in Russia and potential benefits…

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Dutch court freezes Gazprom assets
NEWS
Multinational - June 05, 2018

A Dutch court has frozen Gazprom’s assets in the country as part of an effort by Ukraine’s Naftogaz to collect a USD 2.6-billion arbitration award from Russia’s…

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Gazprom, Turkey sign TurkStream deal
NEWS
Multinational - May 28, 2018

Gazprom and Turkey have agreed on the terms for the construction of the land-based portion of the TurkStream pipeline, the Russian gas giant announced over the…

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Gazprom avoids EU fines
NEWS
Multinational - May 24, 2018

The EU has accepted Gazprom’s offer to ease the terms of long-term supply contracts with countries in eastern and central Europe and avoid a fine, international media…

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Gazprom loses Ukraine legal battle
NEWS
Multinational - March 01, 2018

Russia’s Gazprom will have to pay USD 2.56 billion to Ukraine’s Naftogaz following a lengthy arbitration procedure with multiple claims and counter-claims,…

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